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FINANCIAL NEWS
Mideast sovereign funds aim investment real estate
07 Jun 2017
(MENAFN) Middle East sovereign funds have been concentrating on income-generating real estate after missing aimed returns in 2016.
Moreover, Invesco interviewed 97 fund managers, who organize USD12tr of assets for their fifth sovereign asset management to produce insights on various asset classes.
Additionally, there has been an increase in allocations towards real estate, which recently reached almost 11 percent in the region, compared to 5 percent elsewhere.
Figures were positive for home market real estate, with 58 percent being overweight to this segment relative to their portfolio in 2016.
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MENAFN0706201700450000ID1095541200
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